Get ready for changes to the National Minimum Wage
All employers need to be aware that the National Living Wage (NLW) and National Minimum Wage (NMW) rates are increasing on 1 April 2026.
All employers need to be aware that the National Living Wage (NLW) and National Minimum Wage (NMW) rates are increasing on 1 April 2026.
The biggest revenue raiser in the Budget was the changes to NICs. The increase in Employers’ NICs (increasing from 13.8% to 15% from April 2025) grabbed many of the headlines. What has been largely overlooked is the reduction in “Secondary Threshold” from £9,100 to £5,000. Allied to the increase in the National Living Wage, the changes will particularly affect those in the care, retail, hospitality and cleaning/maintenance sectors.
All employers need to be aware that the National Living Wage (NLW) and National Minimum Wage (NMW) rates are increasing on 1 April 2024. In addition, the National Living Wage will be extended to workers aged 21 and over (previously only for age 23 and over).
The UK Government has announced the annual increases in National Minimum Wage rates to apply from 1 April 2023.